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☆ Hamas used drone bombs to launch its war with Israel from Gaza, and took out hi-tech observation towers, videos show
▼ + stars: | 2023-10-08 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +2 min

Videos released by Hamas appear to show how drones were used to launch its war with Israel. Hamas then used rockets and paragliders to infiltrate the territory further. AdvertisementAdvertisementVideos seem to show how Hamas used drones to launch its war with Israel. They show up-close footage of the bombing of Israeli observation towers and along the Gaza border. In response, Israel fired hundreds of retaliatory strikes, targeting weapons factories and high-rise buildings where some Hamas members have offices.

Persons: —, Hamas's Al, paragliders, Israel Organizations: Israel, Service, Hamas, Auburn Citizen, News Network Locations: Hamas, Israel, Aqsa, Gaza

DALLAS (AP) — Dillon Gabriel knew he couldn’t take a sack as the pocket collapsed around him in the closing seconds of his Red River rivalry debut, the kind of big game he went to Oklahoma to play. 3 Texas on Saturday in their last matchup at the State Fair of Texas as Big 12 members before moving to the Southeastern Conference. Gabriel completed 23 of 38 passes for 285 yards and ran 14 times for 113 yards and a score. And we will.”They could play the Sooners again, if both make it to the Big 12 championship game on Dec. 2. UP NEXT Oklahoma has an open date before hosting Big 12 newcomer UCF on Oct. 21.

Persons: — Dillon Gabriel, Nic Anderson, ” Gabriel, Gabriel, Anderson, “, Greg Sankey, Brent Venables, don’t, Dillon, ”, Bert Auburn’s, Drake Stoops, …, Steve Sarkisian, Quinn Ewers, It’s, ” Ewers, ” Jonathon Brooks, Brooks, Xavier Worthy, Zach Schmit’s, Sankey, Texas superfan Matthew McConaughey, Texas ’ Malik Muhammad, Danny Stutsman, Stutsman, Venables Organizations: DALLAS, Oklahoma, State Fair of Texas, Big, Southeastern Conference, SEC, Sooners, Longhorns, UCF, Texas, Mayfield, Tampa, Cotton, College Football, Georgia, NEXT Oklahoma, Southwest Conference Locations: Oklahoma, Texas, Hawaii, ” Texas, Ewers . Oklahoma, . Texas, Houston

☆ EV maker Rivian beats Q3 delivery estimates after raising production
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +2 min

A Rivian R1T electric truck is seen outside Munro & Associates headquarters in Auburn Hills, Michigan, U.S., June 3, 2022. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSAN FRANCISCO, Oct 2 (Reuters) - Electric-vehicle maker Rivian Automotive (RIVN.O) on Monday reported third-quarter deliveries above analysts' estimates, as it ramped up production to meet a sustained demand for its pickup trucks and sport-utility vehicles (SUVs). Rivian, which makes R1T pickup trucks and R1S SUVs, delivered 15,564 vehicles in the quarter ended Sept. 30, compared with Visible Alpha estimates of 14,740 vehicles and up 23% from the second quarter. It produced 16,304 vehicles at its facility in Normal, Illinois, up from 13,992 in the second quarter. That means Rivian has to make just more than 12,300 vehicles in the current quarter to hit its full-year target.

Persons: Rebecca Cook, Tesla, Rivian, Abhirup Roy, Zaheer Kachwala, Arun Koyyur Organizations: Munro & Associates, REUTERS, FRANCISCO, Rivian, Cox Automotive, U.S, EV, Canalys Research, Thomson Locations: Auburn Hills , Michigan, U.S, The Irvine , California, Normal , Illinois, San Francisco, Bengaluru

The story evokes images of George Floyd begging for his life under the knee of a Minneapolis officer in May 2020. It’s also the first trial under a 5-year-old Washington state law designed to make it easier to prosecute police who wrongfully use deadly force. After what witnesses said appeared to be a brief conversation between Ellis and the officers, Burbank, in the passenger seat, threw open his door, knocking Ellis down. A third officer, Timothy Rankine, arrived after Ellis was already handcuffed, face-down, and knelt on his upper back as Ellis pleaded for breath. Auburn police Officer Jeffrey Nelson was charged in the fatal shooting of Jesse Sarey in 2019 and is still awaiting trial.

Persons: “, George Floyd, Floyd, Manuel Ellis, hogtied, Ellis ’, Ellis, It’s, Matthew Collins, Christopher Burbank, Timothy Rankine, —, ”, Philip Stinson, they’re, Stinson, ” Collins, Rankine, Collins, Dan Gerl, Jeffrey Nelson, Jesse Sarey Organizations: — Police, Tacoma, Police, Bowling Green State University, Puget Law Group, Associated Press, Auburn Locations: TACOMA, Minneapolis, U.S, Kirkland , Washington, Washington, Burbank, Ohio, American, Pierce

1 ranking and lengthy winning streak on the line, Brock Bowers caught a 40-yard touchdown pass from Carson Beck in the final minutes of a 27-20 win over Auburn on Saturday. Georgia coach Kirby Smart called his Bulldogs “a very resilient team” after escaping successfully from their first road game. Auburn, which led 10-0 after the first quarter, had tied it on Alex McPherson's 42-yard field goal with 10:57 left. It left the Tigers and new coach Hugh Freeze with hopes of their fourth straight win over a No. Daijun Edwards ran for 76 yards and two touchdowns, including a 13-yarder that capped a 98-yard Georgia drive in the third quarter.

Persons: Brock Bowers, Carson Beck, Bowers, Beck, Kirby Smart, “ We’re, ” Smart, “, Alex McPherson's, Hugh Freeze, didn't, Malaki Starks, ” Freeze, ”, “ Bowers, ” Payton Thorne, Daijun Edwards, They’ve, Freeze Organizations: Auburn, Bulldogs, SEC, Tigers, South Carolina, Texas, Michigan, Nebraska, NEXT Georgia, Kentucky, LSU, AP Locations: AUBURN, Ala, America, Georgia, Jordan, Auburn

Those smaller suppliers have only recently recovered from the shocks of the Covid-19 pandemic and the resulting global shortage of semiconductors. Now, they're coming under pressure to increase their own workers' wages — in an environment where higher interest rates have made it more costly to borrow money — and staring down the threat of ongoing auto workers' strikes. Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Supplier layoffsIn the face of prolonged strikes, some smaller suppliers are already cutting workers or announcing plans to do so. Michael B. Thomas | Getty ImagesAs of Tuesday, two additional Detroit-area auto suppliers had already filed notices of potential layoffs with the state of Michigan.

Persons: Bill Pugliano, Patrick T, Fallon, Dennis Devaney, Devaney, Joe Biden, Matthew Hatcher, MEMA, Biden, Michael B, Thomas, Mary Barra, We've Organizations: United Auto Workers, Getty, Ford Motor, General Motors, U.S . automakers, American Automotive, Council, UAW, Chrysler, Parts Distribution, AFP, GM, Ford, National Labor Relations Board, Equipment Manufacturers Association, White House, Plant, Small Business Administration, LM Manufacturing, Ford Bronco, Manufacturing, Canadian, Magna International, Union, General Motors Wentzville, CIE, Spain's CIE Automotive, Eagle Industries, CNBC, Publicly Locations: Auburn Hills , Michigan, Chrysler Los, Ontario , California, Detroit, Covid, Michigan, Wayne , Michigan, U.S, Wentzville , Missouri

☆ Stellantis to invest $500 million in Rio plant
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

A Stellantis sign is seen outside its headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsCompanies Stellantis NV FollowRIO DE JANEIRO, Sept 22 (Reuters) - Stellantis (STLAM.MI) will invest up to 2.5 billion reais ($508 million) in its plant in Rio de Janeiro state, its CEO for South America, Antonio Filosa, said on Friday. The announcement happened at an event at the Guanabara Palace, the Rio state government's headquarters, and the funds are part of an investment cycle that ends in 2025. Of the total, 330 million reais have been invested in developing a modified version of its CMP car platform for producing models from several of the group's brands, compatible with combustion, hybrid and electric engines. Stellantis, which owns brands such as Fiat, Peugeot and Jeep, has two other factories in Brazil and two more in South America.

Persons: Rebecca Cook, Antonio Filosa, Stellantis, Rodrigo Viga Gaier, Peter Frontini, Steven Grattan, Jason Neely, David Gregorio Our Organizations: REUTERS, RIO DE, South, CMP, Fiat, Peugeot, Jeep, Thomson Locations: Auburn Hills , Michigan, U.S, RIO DE JANEIRO, Rio de Janeiro, South America, Guanabara, Rio, Brazil

New York CNN —The United Auto Workers union is expanding its strike against GM and Stellantis but said that progress in negotiations with Ford means it won’t expand the number of Ford workers on the picket lines. “At noon Eastern today, all parts distributions centers at General Motors and Stellantis will be on strike,” he said. Still the announcement of progress at Ford raised hopes that the strike, at least at there, could be brought to a relatively quick end. But the UAW’s expanded strike is now targeting the parts distribution centers for GM and Stellantis. As of 10:30 am ET, Stellantis (STLA) is up 0.98%; Ford (F) is up 3.57%; and GM (GM) is up 0.7%.

Persons: Shawn Fain, ”, “, Fain, “ Ford, ” Ford, Ford, Bill Pugliano, ” Shawn Fain, Tesla Organizations: New, New York CNN, United Auto Workers, GM, Ford, UAW, General Motors, Ford Michigan Assembly Plant, Stellantis, Jeep, Dodge, Chrysler, Big, Facebook, UAW International Union Locations: New York, Wayne , Michigan, Wentzville , Missouri, Toledo –, North America, Virginia, California, America, Auburn Hills , Michigan

☆ Twins look to clinch division, host Angels
▼ + stars: | 2023-09-22 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

September 22 - The Minnesota Twins will open their final homestand of the regular season with a three-game series against the Los Angeles Angels, which begins on Friday night in Minneapolis. Right-hander Pablo Lopez (10-8, 3.58 ERA) will get the start for the Twins in the opener. The Twins were off Thursday after rallying to win the rubber match of a three-game series at Cincinnati. Lopez ranks second in the AL with 221 strikeouts and will be making just his second career start against the Angels. Jo Adell had given the Angels a 4-2 lead in the sixth with a two-run home run.

Persons: Pablo Lopez, Minnesota hasn't, Jorge Polanco, Jayce, Rocco Baldelli, Wednesday's, It's, Baldelli, Allie, Lopez, Davis Daniel, Daniel, Manuel Margot's, Carlos Estevez, Yandy Diaz, Brandon Drury, Phil Nevin, Jo Adell, Nevin Organizations: Minnesota Twins, Los Angeles Angels, American League Central, Twins, Minnesota, Target, Cincinnati, AL Central, Cleveland, Tigers, Angels, Texas, Anaheim ., Tampa, Tropicana Field, Thomson Locations: Minneapolis, Minnesota, Cleveland, Detroit, Jorge Polanco . Minnesota, Baltimore, Oakland, Anaheim , Calif, Angeles, Anaheim, Auburn, Los Angeles

☆ Could the United Auto Workers strike affect car prices? 'Inevitably yes,' expert says
▼ + stars: | 2023-09-22 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Members of the United Auto Workers (UAW) union hold a practice picket in front of Stellantis headquarters in Auburn Hills, Michigan, on September 20, 2023. Regardless of the outcome, the United Auto Workers strike threatens to cause already high car prices to escalate. However, if the strike expands, or, alternatively, if the striking autoworkers' demands are met for a 40% pay raise along with other benefits, that could put pressure on automakers, dealers and, ultimately, car shoppers. Either way, consumers will pay more down the road, he added. "Inevitably yes, no matter what."

Persons: —, Stellantis —, Ivan Drury, Edmunds, Drury Organizations: United Auto Workers, UAW, Big Three, — Ford, GM, Finance Locations: Auburn Hills , Michigan, Missouri , Michigan, Ohio

☆ UAW president invites Biden to join picket line as autoworker strikes expand to dozens of facilities
▼ + stars: | 2023-09-22 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Emily Elconin | Bloomberg | Getty ImagesUnited Auto Workers President Shawn Fain on Friday invited President Joe Biden to join the picket line as striking workers expanded their walkout to dozens more General Motors and Stellantis facilities. "We still have serious issues to work through, but we do want to recognize that Ford is showing that they're serious about reaching a deal," the UAW president said. Biden sided with the striking workers last Friday when the UAW launched its initial targeted strikes against three facilities in Michigan, Missouri and Ohio. Record profits at Ford, General Motors and Stellantis "have not been shared fairly, in my view, with the workers," Biden said during a brief address last Friday. Members of the United Auto Workers union hold a practice picket in front of Stellantis headquarters in Auburn Hills, Michigan, on Sept. 20, 2023.

Persons: Shawn Fain, Emily Elconin, Joe Biden, Fain, Evelyn Hockstein, Biden, Bill Pugliano Organizations: GM, United Auto Workers, UAW, Bloomberg, Getty, Motors, General Motors, White, Marine, Washington , D.C, Reuters, Ford Locations: Detroit, United States, Washington ,, Michigan , Missouri, Ohio, Michigan, Auburn Hills , Michigan

☆ Flexport's former CEO — who announced a sudden, shock departure — has removed the company from his LinkedIn résumé and moved it to the education section
▼ + stars: | 2023-09-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Flexport's ex-boss Dave Clark moved his time at the company from "experience" to "education" on LinkedIn. Clark joined the company from Amazon in 2022, but last only a year before founder Ryan Petersen returned as boss. The former Amazon executive moved his year of working at Flexport from "experience" to "education" on his LinkedIn profile. AdvertisementAdvertisementAt the beginning of September, Clark left Flexport in a shock departure, with reports suggesting he was told to resign or be fired by founder Ryan Petersen. Founder and CEO Ryan Petersen hired Clark , the then-worldwide consumer CEO at Amazon, in June 2022 with the aim of expanding the company.

Persons: Dave Clark, Clark, Ryan Petersen, Petersen, Ryan, — Dave Clark, It's, … — Ryan Petersen, Flexport Organizations: Amazon, Service, Logistics, LinkedIn, Auburn University, University of Tennessee, Shipping Locations: Wall, Silicon, Flexport

☆ Ford could face strike in Canada, adding to U.S. labor pressure
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: +4 min

Ford Motor could face a strike in Canada if no agreement is reached by 11:59 p.m. Monday with the union representing about 5,600 Canadian auto workers, just days after workers at one of its U.S. plants went on strike. On Friday, the United Auto Workers union launched a targeted strike against Ford, General Motors and Chrysler-parent Stellantis , targeting one assembly plant at each company. Canadian union Unifor, whose contract with Ford expires at 11:59 p.m. Monday, said "while we remain at the table the likelihood of a strike increases with each passing hour." Ford has two engine plants in Canada that build V-8 motors for F-series and Super Duty pickups assembled in the United States. Ford on Friday furloughed 600 workers who are not on strike at the Michigan Bronco plant because of the impact of the work stoppage.

Persons: Ford, Stellantis, Shawn Fain, Fain, Janet Yellen, Stellantis's Ram, BlueScope Steel Organizations: Ford, United Auto Workers, General Motors, Chrysler, UAW, Detroit automakers, Union, GM, Chrysler Corp, MSNBC, Ford Bronco, Chevrolet, Michigan Bronco, GM's, Silverado, BlueScope Locations: Canada, United States, Ontario, Kentucky, Dearborn , Michigan, Kansas City , Missouri, U.S, Auburn Hills , Michigan, Detroit, Michigan , Ohio, Missouri, Chevrolet Colorado, Kansas, North America

☆ Stellantis could close 18 facilities under UAW deal — here are the full details of its latest offer
▼ + stars: | 2023-09-18 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

Stellantis said the facility would "continue to be our North American headquarters and North America technical center." It's not guaranteed the facilities would close under a labor deal; however, Stellantis is required to include potential closures or sales of any location where a UAW member works, a company source said. Stellantis North American Chief Operating Officer Mark Stewart, who is overseeing the UAW talks, said the company needs to "modernize" the Mopar facilities. Stewart, without disclosing details of the plan, described the company's proposal for Belvidere as a "very compelling offer." The Mopar facilities that could close include Atlanta PDC; Boston PDC; Centerline Warehouse & Packaging; Chicago PDC; Marysville PDC; Milwaukee PDC; New York PDC; Orlando PDC; Sherwood PDC; and Warren PDC.

Persons: Bill Pugliano, Stellantis, Jeff Kowalsky, It's, Mark Stewart, Stewart, Rich Boyer, Michael Wayland, Sen, Bernie Sanders, Boyer Organizations: United Auto Workers, UAW, Big, Getty, DETROIT, CNBC, Belvidere Assembly, Plant, Elliott, FCA, Technology Center, Afp, North, Detroit Free Press, Detroit, General Motors, Ford Motor, Cherokee, GM, Ford, CNBC UAW, U.S, Detroit automakers, Atlanta PDC, Boston PDC, Packaging, Chicago PDC, Marysville PDC, Milwaukee PDC, New York PDC, Orlando PDC, Sherwood PDC, Warren PDC Locations: Detroit , Michigan, U.S, Illinois, Belvidere, Indiana, Trenton, Michigan, Detroit, Stellantis, Auburn Hills , Michigan, North America, Arizona, Belvidere Assembly, Belvidere , Illinois, Belvidere —, Warren, Mich, Fishkill , New York, Macon , Georgia

☆ UAW says Stellantis boosts wage-hike offer to 19.5%, Detroit News reports
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +1 min

A Stellantis sign is seen outside its headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 15 (Reuters) - Stellantis' (STLAM.MI) latest offer to the striking United Auto Workers includes raising wages 19.5% and making salaried workers hourly, the Detroit News reported on Friday, citing the union. The offer from Chrysler's parent company includes consolidating after-sales parts plants and increasing the number of supplemental workers the Jeep maker can use, the report said. UAW President Shawn Fain said on Wednesday that Stellantis had proposed a 17.5% pay hike. Reporting by Chandni Shah and Kanjyik Ghosh in Bengaluru; Editing by Sandra Maler and William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Rebecca Cook, Shawn Fain, Stellantis, Rich Boyer, Chandni Shah, Kanjyik Ghosh, Sandra Maler, William Mallard Organizations: REUTERS, United Auto Workers, Detroit News, UAW, Union, Detroit Three, Ford Bronco, Chevrolet, Thomson Locations: Auburn Hills , Michigan, U.S, Detroit, Chevrolet Colorado, Bengaluru

☆ Stellantis boosts wage hike offer to 19.5%, seeks concessions, UAW says- Detroit News
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: 1 min

A Stellantis sign is seen outside its headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsCompanies Stellantis NV FollowSept 15 (Reuters) - Stellantis' (STLAM.MI) latest offer to the striking United Auto Workers includes hiking wages by 19.5% and making salaried workers hourly, The Detroit News reported on Friday, citing the union. The offer also includes consolidating aftersales parts plants and increasing the number of supplemental workers the jeep maker can use, the report said. Reporting by Chandni Shah in Bengaluru; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Rebecca Cook, Chandni Shah, Sandra Maler Organizations: REUTERS, United Auto Workers, Detroit News, Thomson Locations: Auburn Hills , Michigan, U.S, Bengaluru

☆ Republicans soften on federal marijuana reform in a shift that could make it a reality
▼ + stars: | 2023-09-15 | by ( Julie Tsirkin | Liz Brown-Kaiser | ) www.cnbc.com time to read: +8 min

The SAFE Banking Act would make it lawful for legal marijuana businesses to use major financial and banking institutions. Smart Approaches to Marijuana Action, a political organization opposed to marijuana legalization, urged Tuberville to oppose the legislation in a recent letter. Financial institutions, including small and community banks, have also put pressure on lawmakers, including Tuberville, to support the bill. There's been these attempts by the chairman of the Banking Committee to add a bunch of other stuff onto it, and I think that just completely torpedoes the chances." Ahead of his re-election campaign, President Joe Biden announced his intention to pardon federal convictions for simple marijuana possession offenses at the end of last year.

Persons: Chuck Schumer, We've, Sen, Steve Daines, Sherrod Brown, Kevin Cramer, Daines, Cramer, Dan Sullivan, Lisa Murkowski, Bill Cassidy of, Cynthia Lummis of, Rand Paul of Kentucky, Susan Collins of, Kevin McCarthy of California, McCarthy, Tommy Tuberville, Steve Stafford, Tuberville, Sullivan, Jeff Sessions, Trump, Sheriff Dan Springer, Springer, I've, Jeff Merkley, Jack Reed, It's, Cory Booker of, Dave Joyce, Alexandria Ocasio, Joe Biden Organizations: U.S, Capitol, Banking, Housing, Urban Affairs, SAFE, Republicans, Democrats, GOP, Auburn University, Smart, Senators, Republican, D.C, Sheriff, HOPE Locations: Ohio, GOP Sens, Alaska, Bill Cassidy of Louisiana, Cynthia Lummis of Wyoming, Susan Collins of Maine, Washington, Gallatin County , Montana, Montana, Cory Booker of New Jersey, R, Alexandria, Cortez

☆ Explainer: Auto industry on tenterhooks ahead of potential UAW strike against 'Detroit Three'
▼ + stars: | 2023-09-11 | by ( Nathan Gomes | ) www.reuters.com time to read: +5 min

Ford's annual filing showed about 57,000 of its hourly employees in the United States were represented by the UAW, while the UAW represents about 43,000 U.S. hourly workers at Stellantis. Stellantis last week offered its U.S. hourly workers a 14.5% wage hike over four years, but no lump sum payments. Fain also is aiming to get agreements that would allow the UAW to represent hourly workers at joint-venture EV battery plants opened or planned by the Detroit Three. In fiscal 2019, GM's fourth-quarter profit took a $3.6 billion hit from a 40-day UAW strike that shut down its profitable U.S. operations. Contract talks between the UAW and the Detroit automakers have gone on till the strike deadline and beyond in past years.

Persons: Rebecca Cook, Shawn Fain, Stellantis, it's, Fain, Biden, Tesla, GM's, Chris McNally, Nathan Gomes, Ben Klayman, Shounak Dasgupta Organizations: REUTERS, United Auto Workers, UAW, Detroit Three, General Motors, Ford, Chrysler, Detroit, WHO, GM, Stellantis, FROM, Facebook, EV, Lear Corp, Detroit automakers, Anderson Economic Group, Thomson Locations: Auburn Hills , Michigan, U.S, United States, Stellantis, Bengaluru, Ben, Detroit

☆ Auto workers reject Detroit Three contract offers, ready to strike
▼ + stars: | 2023-09-09 | by ( David Shepardson | ) www.reuters.com time to read: +4 min

Contract talks between the UAW and the Detroit automakers have gone to the strike deadline and beyond in years past. Stellantis said on Friday it offered U.S. hourly workers a 14.5% wage hike over four years but no lump sum payments. The UAW said the GM and Ford offers would change the formula for calculating profit-sharing, and if it had been in effect last year GM workers would have received 29% less and Ford workers 21%. A UAW strike that shuts the Detroit Three manufacturers could cost carmakers, suppliers and workers over $5 billion, the Michigan-based Anderson Economic Group estimated. GM recorded a $3.6 billion pre-tax loss in 2019 after UAW members went on strike for six weeks, the longest walkout against a Detroit automaker since 1970.

Persons: Rebecca Cook, Shawn Fain, Fain, it's, Ford, Stellantis, Mark Stewart, David Shepardson, Joseph White, Jonathan Oatis, Will Dunham Organizations: REUTERS, United Auto Workers, Detroit, Motors, Ford, Chrysler, Facebook, UAW, Detroit automakers, GM, Anderson Economic Group, Thomson Locations: Auburn Hills , Michigan, U.S, America, Stellantis, Michigan, Washington, Detroit

☆ America is in a factory boom again. Even a recession may not bring it down this time
▼ + stars: | 2023-09-09 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

A few days before Biden’s speech in Maine, the Fed approved raising interest rates to their highest level in more than 22 years, continuing an aggressive inflation-busting campaign. Customers are also being pinched with higher interest rates,” a food, beverage and tobacco products manufacturer told the ISM in its August survey. “When we built our first building, interest rates were around 14% or so, and that was in the early ’80s,” she said. “We’ve seen some plans go on hold or on a slower burn until those companies see what happens with interest rates and the economy,” he said. Recession or not, the bull case for US manufacturing has the industry — and Biden — in a good mood.

Persons: Kathie Leonard, Leonard, —, ”, ” Leonard, Joe Biden, “, ’ ” Leonard, Biden, Charles Krupa, Paul Krugman, Goldman Sachs, It’s, Scott Paul, Paul, it’s, Auburn Manufacturing’s Leonard, “ we’ve, Julianna Keeling, Lou Pektor, “ We’ve, Jennifer Harris, bode Organizations: DC CNN, Maine Department of Economic, Community Development, Auburn Manufacturing, CNN, Auburn Manufacturing Inc, AP, Commerce Department, Fed, P Global, Institute for Supply Management, Alliance for American Manufacturing, PMI, ISM, Labor Department, Auburn, Manufacturers, Fed Companies, National Economic Council, National Security Council Locations: Washington, Maine, Portland, Auburn , Maine, United States, Pointe, Lehigh

☆ MSNBC host and ex-GOP congressman Joe Scarborough blasts Tommy Tuberville over his monthslong blockade on senior military promotions: 'Hey Tommy, you're not coaching football anymore'
▼ + stars: | 2023-09-09 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Joe Scarborough blasted Tommy Tuberville over the Alabama senator's blockade of military promotions. "This is about the strength of the United States military. MSNBC host Joe Scarborough. "There's a rot in the GOP and Tommy Tuberville is a perfect example of it," he said. "I'm sick and tired of these Republicans tearing down the United States of America," he added.

Persons: Joe Scarborough, Tommy Tuberville, Tommy, Scarborough, Joe, Tuberville, Sen, Ole, University of Cincinnati —, I'm, We're, didn't, Roe, Wade, Biden, Noam Galai, Charles, CQ, Brown, Carlos, Del Toro, We've Organizations: Alabama, Service, GOP, Ole Miss, Auburn University , Texas Tech, University of Cincinnati, United States, Marine, Republican, Pentagon, MSNBC, Global Citizen, Army, Navy, Marine Corps, Force, Joint Chiefs of Staff, Fox, Republican Party Locations: Wall, Silicon, Alabama, Scarborough, Florida, United States, Ukraine, Russian, United States of America

☆ Chrysler parent Stellantis offers 14.5%, 4-year wage hike to hourly workers
▼ + stars: | 2023-09-08 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 8 (Reuters) - Chrysler parent Stellantis (STLAM.MI) said Friday it offered U.S. hourly workers a 14.5% wage hike over four years in its offer to the United Auto Workers union ahead of a Sept. 14 contract expiration. The offer is much less than the 46% wage hike being sought by the union. General Motors (GM.N) said Thursday it had offered workers a 10% wage hike and two additional 3% annual lump-sum payments over four years. The Stellantis offer - which did not specify how the 14.5% wage increase would be distributed over four years - is similar to GM and Ford's offers. Stellantis is offering $10,500 in inflation protection payments over the four years, while GM is offering $11,000 and Ford $12,000.

Persons: Rebecca Cook, Stellantis, Mark Stewart, Shawn Fain, David Shepardson, Jonathan Oatis Organizations: REUTERS, Chrysler, United Auto Workers, UAW, General Motors, Ford, GM, Ford's, Detroit Three, Thomson Locations: Auburn Hills , Michigan, U.S, America

☆ Jimmy Buffett, legendary 'Margaritaville' singer, dies at 76
▼ + stars: | 2023-09-02 | by ( Henry Austin | Phil Helsel | ) www.cnbc.com time to read: +4 min

Jimmy Buffett of Jimmy Buffett and the Coral Reefer Band performs during the 2022 New Orleans & Jazz festival at Fair Grounds Race Course on May 08, 2022 in New Orleans, Louisiana. Jimmy Buffett, the singer-songwriter who drew millions of fans with his folksy tales of living and loving on tropical sandy beaches, frozen concoction in hand, died Friday night. But it was in Key West, Florida, in the 1970s that Buffett "found his true voice," according to his website. As time went on, Buffett also appeared on TV, movies and his work became a musical. There was also a Broadway show based on Buffett's music, " Jimmy Buffett's Escape to Margaritaville," which debuted in 2017.

Persons: Jimmy Buffett, Jimmy, Buffett, Hank Williams, Alan Jackson, —, Jerry Jeff Walker, margarita, Tom Selleck, Jimmy Buffett's, Joe Merchant, Jane Slagsvol, Cameron, — Christopher Cichiello Organizations: Reefer, Orleans & Jazz, Forbes, Alabama's Auburn University, University of Southern, Billboard Magazine, Key West, University of Miami, Men's, Associated Press Locations: Orleans, New Orleans , Louisiana, Pascagoula , Mississippi, University of Southern Mississippi, New Orleans, Nashville , Tennessee, Key West , Florida, South Florida, Margaritaville, Pitcairn, Savannah

☆ Visualizing the Latest Wave of N.C.A.A. Conference Realignment
▼ + stars: | 2023-09-01 | by ( Josh Katz | Kevin Quealy | ) www.nytimes.com time to read: +5 min

Missouri and Texas A&M were the first teams to join the SEC in 20 years. Financial benefits and concerns about conference stability lured Boston College to become the A.C.C.’s 12th member in 2005. Penn State, one of the last major programs to remain independent, became the Big Ten’s 11th member in 1993, setting off a wave of realignment across college football. The Missouri Valley Conference stopped sponsoring football after the 1985 season. Arkansas departed for the SEC in 1991, signaling the beginning of the end for the Southwest Conference, long associated with N.C.A.A.

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☆ Opinion | I Have a Pretty Good Idea Why Michael Oher Is Angry
▼ + stars: | 2023-08-26 | by ( Elizabeth Spiers | ) www.nytimes.com time to read: +2 min

It’s the story of Michael Oher, a young Black athlete who moves in with a white family, the Tuohys, and goes on to play for Ole Miss and in the N.F.L. I was adopted, as Mr. Oher believed himself to have been. And I’m a former equity analyst who’s a fan of Michael Lewis, the author of the book on which the movie was based. Those stereotypes, and the possibility that there is another very different way to tell his story, are at the center of the lawsuit Mr. Oher recently filed. Mr. Oher, now 37 and retired from the N.F.L., is suing the Tuohys because he claims they misled him to believe that the legal conservatorship they held over him was essentially the same as adoption.

Persons: Michael Oher, Oher, who’s, Michael Lewis, —, Black Organizations: Ole Miss, Auburn Locations: Alabama

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